Elon Musk, Larry Fink, and Mark Zuckerberg to Attend Saudi Forum: Last Chance for Crypto Investors?
MAGA in the Desert, the informal label for the Saudi-U.S. Investment Forum, sees top U.S. CEOs like Elon Musk, Larry Fink, and Mark Zuckerberg heading to Riyadh. This is igniting crypto investor interest as $600B in deals are on the table.
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A Billionaire-Backed Power Move in the Desert
The world’s most influential business figures—Elon Musk (Tesla, X), Larry Fink (BlackRock), and Mark Zuckerberg (Meta)—are confirmed to attend the Saudi-U.S. Investment Forum in Riyadh on May 13–14, 2025. This gathering, dubbed “MAGA in the Desert,” is more than just a political sideshow—it’s a multi-billion-dollar opportunity zone where AI, defense, healthcare, and technology will converge.
What’s being overlooked by many? Crypto is silently woven into all of it.
Why Crypto Investors Should Pay Attention
While the headlines focus on defense and tech, this summit could indirectly spark the next wave of institutional crypto adoption. Here’s why:
- Larry Fink, CEO of BlackRock, has championed Bitcoin ETFs, bringing BTC into Wall Street portfolios.
- Elon Musk holds crypto through Tesla and SpaceX, and has consistently supported Dogecoin.
- Mark Zuckerberg built the Diem stablecoin project and continues to experiment with blockchain through Meta’s metaverse integrations.
With over $600 billion in investment deals expected, this is more than photo ops—this is capital being deployed, and crypto could very well be on the receiving end.
Key Cryptos to Watch Ahead of the Saudi Summit
Bitcoin (BTC)
Current Price: $95,000
Short-Term Outlook: A breakout above $98K would put $105K in sight. If Saudi-U.S. investment narratives include digital assets, BTC could surge.
Opportunity: This may be the last dip before another institutional wave hits.
Ethereum (ETH)
Current Price: $1,780
Short-Term Outlook: ETH gas fees are down, staking is up, and its L2 ecosystem is thriving. If Mark Zuckerberg references metaverse progress, ETH will ride the sentiment wave.
Opportunity: Accumulate before tech narratives return to mainstream media.
Dogecoin (DOGE)
Current Price: $0.16
Short-Term Outlook: Elon Musk’s attendance alone is enough to move DOGE markets. A tweet, a mention, or even a joke can send DOGE flying.
Opportunity: High-risk, high-reward play as hype intensifies.
BlackRock-Backed Tokens
Through various ETFs and blockchain partnerships, BlackRock has exposure to Bitcoin and Ethereum and may explore others like Polygon or Solana. The event may ignite new ETF filings or blockchain infrastructure partnerships with the Gulf states.
Could This Be a Pre-Halving Catalyst?
Historically, institutional events like this have preceded major crypto rallies. Combine this with the Bitcoin halving approaching in 2026, and you get a narrative of long-term bullish pressure.
This summit in Riyadh may act as a launchpad—not just for oil-to-tech transformation in Saudi Arabia, but for a new era of crypto legitimacy across Middle Eastern capital.
Final Thoughts: One Last Entry Point?
With names like Sam Altman (OpenAI), Alex Karp (Palantir), and Donald Trump also expected to participate, the forum becomes a melting pot of Web3, AI, finance, and geopolitics. If you’re still on the sidelines, this might be your last chance to get in before announcements, partnerships, or FOMO sends the market surging again.
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